News and Updates

Jan26Rate

March 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.72%5.78%5.61%SBA 504 Rates...
SomerCor Expands its Board of Directors, Emphasizes Strategic Partnerships

SomerCor Expands Board of Directors, Emphasizing Strategic Partnerships 

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and...
Tax Webinar 312 (1)

Webinar: Growing Manufacturing in 2026

Game-Changing Tax Breaks and Resources for Manufacturers Join manufacturing resource providers, tax professionals, and SBA...
Coleman Report Quote Social Image

SomerCor Awarded CDC of the Year for SBA 504 Lending Excellence

CHICAGO - SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA), proudly announces its selection as the CDC of...
Feb 2026 Rates

February 2026 SBA 504 Interest Rates

25 Year Term 5.80% 20 Year Term 5.86% 10 Year Term 5.67% The February 2026...
Jan26Rate

January 2026 SBA 504 Interest Rates

25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...
Impact Report LI

FY2025 SomerCor Impact Report

This season is a time for reflection and gratitude. We are proud to share the...
Supercharging Manufacturers

Daily Herald: Supercharging Illinois Manufacturers

Manufacturing is part of who we are in Illinois. From food processing, to machinery, to...
Rate Blast - LI

December 2025 SBA 504 Interest Rates

25 Year Term 5.82% 20 Year Term 5.88% 10 Year Term 5.65% The December 2025...
Power Partners release blog (1)

SomerCor is a 2025 Inc. Power Partner Award Winner

SomerCor Recognized as a 2025 Inc. Power Partner Award Winner The annual list recognizes the...

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